428 Rosemont St, La Jolla, CA 92037
Six-unit multifamily with renovation-ready units and four one-car garages on a dual-frontage corner lot with alley access.
- Added:
- Jun 20, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 21 at 1:52 am
Property Features for 428 Rosemont St
General Information
- Standard status
- Active
- Size
- 4,571 SF
- Lot size
- 0.21 Acres
- Property subtype
- Commercial
Listing agent Robert Antoniadis ([email protected])
Listing office Robert Realty (951) 226-5454
Listing date Jun 20, 2026
Source Mrmurrieta
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Robert Realty
HighLights
- 6‑unit multifamily in La Jolla (92037) with total 4,571 SF living area
- 4 of 6 units are renovation ready and vacant; unit mix includes two 2BR/2BA (~900 SF), two 2BR/1BA (~800 SF), and two 1BR/1BA (~600 SF)
- Flat 9,227 (95x100) SF prominent corner lot with dual street frontage (Rosemont & Electric) plus alley access
- Includes four 1‑car garages (10x24) and potential to convert garages into four 240 SF studios at $2,650/mo
- Long‑term market rent listed at $29,800/mo ($357,600/yr) with 3.25% cap rate and 19.3 GRM
- Short‑term/Airbnb rent listed at $50,000/mo ($600,000/yr), with additional $127K+ per year noted for conversions
Overview
The property is located at 428 Rosemont St, La Jolla, CA 92037 and is positioned on a corner with dual street frontage on Rosemont and Electric, plus alley access. Public remarks note coastal bluff characteristics with Pacific Ocean views and proximity to Neptune/Windnsea Beach, cited as 0.2 miles away. The surrounding area is described as an affluent, walkable coastal community with a local commercial corridor offering convenient access to retail, dining, and personal services within walking distance.
For an operator or buyer, the configuration supports both long-term renting and repositioning given the current renovation-ready and vacant units. Public remarks also cite a stated long-term monthly market rent of $29,800, alongside reported short-term/Airbnb rent of $50,000 per month. The remarks further state that converting the four 10 x 24 garages into studios is presented as an opportunity to generate additional $127K+ per year.
Current Use by Public Records
Map
- City
- La Jolla
- County
- San Diego
- State
- California
- Longitude
- -117.25
- Latitude
- 32.8548